Microsoft Unveils $60 Billion Stock Buyback
Microsoft Unveils $60 Billion Share Buyback, Hikes Dividend. The Stock Is Rising.
Microsoft had two pieces of good news for investors this morning. The world’s second most valuable company is increasing its shareholder payout by 10% and launching a $60 billion share buyback program.
Microsoft Hikes Dividend, Announces $60 Billion Stock Buyback
Microsoft's share repurchase program, which has no expiration date, replaces its previous $60 billion authorization announced four years ago. Meanwhile, investors also cheered the news that shareholders of record as of Nov. 21 will receive a quarterly dividend of 83 cents per share, up from the current 75 cents a share.
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Jim Cramer on Microsoft Corporation (MSFT): ‘You’ve Hit On One Of The Top Five Stocks In This Entire Market’
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Microsoft Unveils $60 Billion Stock Buyback: Time to Buy MSFT Stock?
One of the magnificent 7 stocks, Microsoft Corporation MSFT, is part of the $3 trillion club as its shares have seen an impressive run over the past few years. However, after hitting a record high on July 5,
Microsoft Corporation (MSFT): Among ChatGPT’s Recent Stock Recommendations
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Forget Nvidia: Buy This Magnificent Tech Stock Instead
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Buy Microsoft stock and its 15% upside – Morningstar
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